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  • Writer's pictureKelsie Papenhausen

Addition Financial Credit Union Awards $65,000 in Scholarships to Central Florida Students

LAKE MARY, Fla (May 21, 2024) – Addition Financial Credit Union helped a group of accomplished Central Florida students along their college career, awarding $65,000 in scholarships this month.

Named after the credit union’s former President and CEO, the Joseph A. Melbourne Jr. Annual Scholarship Program awards college scholarships to six high school seniors, worth $10,000 each, and two graduate level scholarships, worth $2,500 each.

“Addition Financial is proud to support and elevate these students embarking on the next step of their education journey,” said Kevin Miller, President and CEO of Addition Financial Credit Union. “This year’s recipients are an incredible group, whose passion to give back to the community is as distinct as their stellar performance in the classroom.”

This year’s high school scholarship winners included two students from Orange County, two from Seminole County, and one each from Lake and Osceola County. The two graduate student winners are attending Florida State University and the University of Phoenix.

Applicants submitted a pair of short essays and a letter of recommendation demonstrating their community service efforts. Scholarships were administered in partnership with the Addition Financial Foundation, the credit union’s philanthropic arm.


About Addition Financial Credit Union:

Addition Financial Credit Union is a trusted banking and financial education partner that members of the Central Florida community rely on to help them along their financial journey. Founded in 1937, Addition Financial is a not-for-profit financial cooperative headquartered in Lake Mary, Florida with more than $2.9 billion in total assets. As a member-owned credit union, Addition Financial puts the financial well-being of its more than 179,000 members at the heart of everything it does. With 26 full-service branches, 10 student-run high school branches, and financial products designed to provide better saving and loan rates and lower fees, Addition Financial is constantly growing and evolving to meet the needs of its members. Addition Financial is the Official Financial Institution of the UCF Knights and owns the naming rights of the Addition Financial Arena on the University of Central Florida campus. Newsweek named Addition Financial as one of the “Best Credit Unions for 2024.” For more information, visit


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